FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 28, 1998
ELECTROSCOPE, INC.
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(Exact name of Registrant as specified in its charter)
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Colorado 0-28604 84-1162056
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(State or other jurisdiction of (Commission File Number) (IRS Employer No.)
Incorporation)
4828 Sterling Drive
Boulder, CO 80301
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(Address of principal executive office)
(303) 444-2600
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(Registrant's telephone number,
including area code)
ITEM 5. OTHER EVENTS
1. As noted in the Registrant's most recent Form 10-QSB filing with
the Securities and Exchange Commission, filed on August 14, 1998,
the Registrant was notified by Nasdaq that it was not in compliance
with the Nasdaq listing requirements.
2. The Management of the Registrant has reviewed various options to
bring the Registrant into compliance with Nasdaq's requirement that
the market value of the public float of the Registrant's Common
Stock be greater than or equal to $5,000,000.
3. The Management of the Registrant has determined that none of the
alternatives available to the Registrant would be likely to lead to
a situation in which the Nasdaq listing requirements could be met.
4. The Management of the Registrant therefore believes that the
Registrant will be delisted from the Nasdaq National Market System
on October 12, 1998, and will become automatically eligible for
trading on the Nasdaq Bulletin Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ELECTROSCOPE, INC.
By: /s/ Karl D. Hawkins
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Chief Financial Officer
Date: September 29, 1998